As a growing number of operators embrace sports betting across the United States, GLI has released a new technical framework designed to ensure regulation keeps pace with industry expansion.
The GLI-33 Event Wagering Systems standard, published by the gaming certification laboratory this August, is intended to outline the most highly developed set of technical requirements and practices currently available.
“GLI-33 is an essential addition to the GLI Standards Series, channelling the experience of our global sports-wagering team into a framework that regulators can seamlessly incorporate within their operations,” said GLI director of technical compliance Chad Kornett.
“Great care was taken to create a standard that supports the most innovative sports wagering applications while also anchoring fundamental regulatory objectives.”
GLI had reportedly received significant demand from regulatory bodies, suppliers, sports wager operators and sovereign tribal nations to create a consistent standard for sports betting.
Intended to establish a global system of technical grading, GLI-33 has seen particular interest from within the US industry, with the country’s sports betting market still in it infancy.
Since publication, the Choctaw Gaming Commission of Choctaw Mississippi, the West Virginia Lottery, Cherokee Tribal Gaming Commission of North Carolina, and Global Market Advisors have all adopted the standard.
“The Choctaw Gaming Commission of Choctaw Mississippi and Gaming Laboratories have a long history of working together,” said CGCC chairwoman Bea Carson. “GLI has always been there to provide their expertise when needed.”
“It is because of that trusted industry knowledge and valued relationship that we have chosen to adopt the GLI-33 standard for sports betting. We feel that the GLI Standards have always been robust enough to ensure game integrity while not so restrictive as to limit these new types of gaming technologies.”
Part of the extensive GLI standards series, GLI-33 draws on the company’s 30 year experience in the regulated sports betting markets of Australia, Europe, Africa, Latin America and Canada.
“The West Virginia Lottery considers the GLI-33 event wagering standard an integral component in the regulatory structure for our sports wagering offering,” said West Virginia Lottery director Alan Larrick.
“Our team is very grateful to have access to a technical resource that has been worked on collectively by the industry and it will also serve to protect our patrons, vendors, and licensees.”
The system of standards is set to become the US watermark for preserving the integrity of sports wagering as the market develops, whilst still championing innovation.